Where am I?

Regulation of loss adjusters in the spotlight again

The European Insurance and Occupational Pensions Authority has advised that regulation of those fulfilling the "claims" aspects of insurance contracts would be part of Insurance Mediation Directive 2.

Insurer | 22 May 2012 secure

simon-burley
Zurich Q&A video

In conversation with Zurich: Keeping on the right side of the Control of Major Accident Hazards Regulations

If a firm uses or stores sufficient quantities of dangerous substances, they fall under the Control of Major Hazards Regulations 1999, known as COMAH.

Insurer | 17 May 2012 | screening image

FSCS

BIBA 2012: Trade body appoints lawyers to find solution to 'unfair' FSCS structure

British Insurance Brokers' Association CEO Eric Galbraith has used his opening address at the 2012 Biba Conference to warn of the potential European pressure for mandatory disclosure and even greater cost of regulation.

Broker | 16 May 2012 secure

eric-galbraith-biba

BIBA 2012: Galbraith says regulation remains its 'key priority'

Three quarters of brokers claim regulation is the main issue facing their business.

Broker | 16 May 2012 secure

Cash to splash

Technology: more cash to splash?

With global insurance spend on IT set to increase by 6% over the next year, will a similar trend emerge in the UK during 2012 and beyond?

Insurer | 15 May 2012 secure

insurance-hound-monty
The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

Lynn Rouse

Editor's comment: Daring to be optimistic?

As the UK general insurance industry decamped to Manchester earlier this week, it found a city still gasping for breath after the closest Premier League finale since the competition's birth.

Insurer | 15 May 2012 secure

Scene of the accident at the home of Richard Withey

Lack of UK loss adjusting regulation prompts policyholder to take action

A disgruntled policyholder, who is suing the Davies Group after being forced out of his Grade II-listed home, has vowed to help bring about the regulation of loss adjusters.

Insurer | 15 May 2012 secure

Bluefin CEO Stuart Reid

Bluefin boss joins campaign against mandatory commission disclosure

Bluefin boss Stuart Reid has thrown his weight behind a campaign to stop mandatory broker commission disclosure being forced on the industry by Eurocrats, claiming that just 50 of its clients have asked for commission disclosure in the past year.

Broker | 15 May 2012 secure

Aviva shareholder meeting

Will Aviva's composite model help deliver increased shareholder value?

Aviva's high-profile boardroom bloodbath, which saw much-derided chief executive Andrew Moss ousted by angry shareholders, has laid bare the composite insurer's trading model.

Insurer | 15 May 2012 secure

Biba chief executive Eric Galbraith

EU to force broker commission disclosure

The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.

Broker | 11 May 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
Post Broking Supplement - 10 May 2012

Post Broking Supplement - 10 May 2012

Post's latest standalone supplement - focused entirely on the UK broking sector - is now available to subscribers as a digital and interactive e-book.

Insurer | 10 May 2012 secure

Biba conference 2012

Post Broking Supplement: Biba 2012 conference timetable

The event programme for the Insurance Brokers' Association Conference - Shaping our futures - on Wednesday 16 and Thursday 17 May 2012.

Insurer | 10 May 2012 secure

fsa-logo

XN Financial gets FSA green light for UK

Florida firm XN Holdings has secured Financial Services Authority approval for its UK subsidiary XN Financial Services to write insurance in the UK.

Insurer | 09 May 2012 secure

pound-sterling-money-coins-notes

Insurers expect further Solvency II delays

More than three quarters of insurance companies believe that the Solvency II implementation date will be delayed beyond 1 January 2014, according to research conducted by actuary Barnett Waddingham.

Regulation | 08 May 2012 secure

Gabriel Bernardino

EIOPA says regulators must overrule Solvency II confidentiality agreements

The European Insurance and Occupational Pensions Authority has ripped up confidentiality agreements between insurers and third-party Solvency II consultants selling validation models.

Regulation | 08 May 2012 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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